Reinsurance
From a Romantic Swiss Hotel to Mega-M&A Deal: The AXA/XL Story
FROM THE ARCHIVES: A VINTAGE M&A ARTICLE FROM 2018 This narrative of the events that led up to the deal is the result of on- and off-record interviews and briefings with more than half a dozen ...
More Winter Storms Will Pound the East Coast This Week
Winter isn't done with the Northeast just yet. For the second time in a week, a storm promises to barrel along the East Coast, bringing snow to New York and pounding coastal areas still cleaning up ...
Insurers Pursuing IT Transformations Must Up Their Recruiting Game
Insurance industry demand for talent in areas such as big data will likely "exceed available supply by a factor of four," according to a new blog posting from McKinsey & Company. That reality ...
NAMIC CEO Chamness Sounds Off on Flood Insurance and Disaster Relief Reform
Reform of the National Flood Insurance Program remains an unresolved issue. Congress must reauthorize the debt-ridden Federal Emergency Management Agency-managed program by March 23. It already has ...
Global Insurers Flock to Luxembourg, Prepping for Post-Brexit Operations
More than 20 major international institutions chose to set up all or part of their activities in Luxembourg last year, the country's financial development agency said on Thursday, linking the ...
Brexit Talks at Risk as May Rejects EU Draft Divorce Deal
The European Union presented the U.K. with a draft divorce deal that Theresa May said no British prime minister could ever accept. The pound fell. Brexit talks once again look to be stuck around the ...
Bank of England Will Stay Vigilant in Enforcing EU Insurance Rules
The Bank of England will not "go soft" on enforcing European Union capital rules for insurers, although it will look at ways to make it easier for new entrants to boost competition in the industry, ...
2018 Insurance M&A Drivers: Tax Reform, InsurTech and Run-Offs
Tax reform, InsurTech and run-off transactions will be among the big drivers of insurance industry mergers and acquisitions in 2018, according to a new Deloitte report. Deloitte said that the Trump ...